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Thrifty Car Rental launches summer promotion for 2008 (AME Info)
Thrifty Car Rental today announced an enticing summer promotional offer catering to the growing number of customers in the UAE looking for long term rental value.
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Sector Snap: Rental Car Companies (AP via Yahoo! Finance)
Shares of rental car companies fell Thursday as analysts and investors continued to worry about the effects of the slumping U.S. automotive industry, high gas prices and a drop in air travel.
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Don't use debit card for car rental (Bankrate.com via Yahoo! Finance)
Using a debit card for a car rental can be a costly way to go.
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Fuel Prices Crush Car Rental Companies (Forbes)
The rental company follows a similar warning from Dollar Thrifty that Q2 conditions will lead to worse-than-expected 2008 results.
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Avis Budget warns of declining profit in 2Q, 2008 (AP via Yahoo! Finance)
Car rental company Avis Budget Group Inc. said Wednesday it expects its second-quarter and full-year earnings to fall below year-ago results, due to rising fuel costs and slowing U.S. commercial air travel.
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Outlook roundup: Avis Budget, Aladdin Knowledge (AP via Yahoo! Finance)
Among the earnings projection stories for Wednesday, July 2, from AP Financial News: PARSIPPANY, N.J. -- Car rental company Avis Budget Group Inc. said Wednesday it expects its second-quarter and full-year earnings to fall below year-ago results, due to rising fuel costs and slowing U.S. commercial air travel.
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Rental-car businesses tumble on Dollar woes (The Record)
NEW YORK - Dollar Thrifty Automotive Group Inc. plunged the most in 10 1/2 years in New York trading, leading other rental-car companies lower, after saying full-year profit may be less than half its previous forecast.
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High gas prices, air fares have residents looking at vacations around home (The Colony Courier-Leader)
A gallon of regular unleaded gasoline is approaching $4 per gallon. The price of an airline ticket is going up, and now you have to pay extra to check your bags on some airlines. And the airlines are ready to cut capacity. Recent reports have told us that rental-car costs are rising.
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Stay-cations: High gas prices, air fares have residents looking at vacations around home (Allen American Star)
A gallon of regular unleaded gasoline is approaching $4 per gallon. The price of an airline ticket is going up, and now you have to pay to check extra bags on some airlines. The airlines are ready to cut capacity. And recent reports have told us rental-car costs are rising.
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Car rental companies issue profit warning (eyefortravel.com)
Avis Budget Group Inc indicated that its second-quarter results will be below last year's due in part to rising fuel costs and lower commercial travel volumes, sending its shares to a 16-year low.
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